Is RTX 3060 Good for Mining in 2021? RTX 3060ti vs RTX 3060 for Cryptocurrency Mining

So, as we all know that Nvidia launched its new graphics cards about two weeks ago. The GeForce RTX 3060 and 3060 Ti are supposedly the best-selling graphics card ever, according to statistics. The best thing about this specific lineup is that it is purposely built for gamers, we will discuss that later in the article.

RTX 3060 Good for Mining in 2021?
Is RTX 3060 Good for Mining in 2021? RTX 3060ti vs RTX 3060 for Cryptocurrency Mining

But with the launch of a new graphics card, there are several questions that raise almost instantaneously, like will it be able to mine, and is RTX 3060 good for mining, what will be RTX 3060 mining rate, RTX 3060 mining profitability and a lot of such questions are asked.

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The question is why Ethereum only? Well, that is because Ethereum is the most GPU demanding cryptocurrency right now and Nvidia has designed algorithms that are able to detect the Ethereum technology and reduce the mining rate. And besides, almost all the other cryptocurrency mining uses the coordination of software, GPU, and power while Ethereum is mainly a GPU demanding crypto to mine.

Deep Dive into 12 Best Graphics Card for Mining Ethereum in 2021 – Ultimate Guide

Specifications

RTX 3060

  • Graphics Memory: 12GB
  • CUDA Cores: 3584
  • Base Clock: 1.32 GHz
  • Boost Clock: 1.78 GHz
  • Hash Rate: 19.1 Mh/s
  • Power Consumption: 170.0 W

RTX 3060 Ti

  • Graphics Memory: 8GB
  • CUDA Cores: 4864
  • Base Clock: 1.67 GHz
  • Boost Clock: 1.41 GHz
  • Power Consumption: 200.0 W

RTX 3060 12 GB for Mining Cryptocurrency

Starting off with the most basic question, is RTX 3060 good for mining? The answer to this is yes and no, depending upon the king of cryptocurrency you want to mine. With the launch of RTX 3060, to tackle this same question of whether RTX 3060 is good for gaming or not, Nvidia gave a bold statement which is very good news for gamers.

Deep Dive into How to Build a Crypto Mining Rig

Nvidia announced that they have reduced the Ethereum mining rates for this RTX 3060 specifically. This statement is a two-edged sword from Nvidia because with the announcement that “GeForce is for gamers only”, they have also introduced their mining-specific cards. The details of which are not yet completely disclosed but it is being said that the mining specific cards are the alternative for the gaming gpu mining.

RTX 3060 12Gb Hashrates For Ethereum and other Coins.

There have been several articles published recently which have confirmed this by practically checking the RTX 3060 hash rate for Ethereum, And the results are as Nvidia said. The RTX 3060 Ethereum hash rates are comparable to the GTX 1060 Ethereum hash rates which is basically a several years older gpu. Keeping this in view, we can say that this specific card will be relatively easier to get for gamers because of its nerfed or capped mining rates.

Is RTX 3060 Good for Mining in 2021? RTX 3060ti vs RTX 3060 for Cryptocurrency Mining
Is RTX 3060 Good for Mining in 2021? RTX 3060ti vs RTX 3060 for Cryptocurrency Mining

This specific step, as Nvidia says, was to tackle the great gpu shortages in the recent years as almost all of the stocks were bought by huge mining farms even before the official launch of the graphics cards which were to be released. This caused major backlashes and complaints to the company as well as the distributors.

So, for the sole purpose of availability, Nvidia took this step and will most probably be appreciated for this. But even with this, there will still be a major availability issues and the reasons for this is the price.

Pricing

Coming to the pricing of the RTX 3060, it starts with the base line of $329 and varies depending upon the region and the manufacturer you are buying from. And the RTX 3060 Ti costs about $70 to $80 more than the RTX 3060.

But with the price point of just over $300, and the performance of a beast, it surely became the best-selling graphics cards. and the plus point is that it goes straight to gamers only and will also have a good reselling market as it will not be used in mining.

RTX 3060ti vs RTX 3060 For Mining. Which is Better?

Performance-wise comparison clearly marks RTX 3060 Ti as being superior. But regarding mining capabilities, both the cards give less than 50% of the expected performance. But when you have to choose between the two, Ti is always a better option. Since it will last longer without the need of an upgrade.

The Hash rate of RTX 3060 Ti is slightly more than the RTX 3060 but not significant since both these are not designed for mining. So Don’t worry you can check 12 Best Graphics Card for Mining Ethereum in 2021 – Ultimate Guide.

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